Costco plans to open more than a dozen new locations in fiscal 2025.

"For this fiscal year, we expect to open 27 new warehouses, including three relocations for a total of 24 net new buildings," CEO Ron Vachris said last week during the warehouse retailer’s third-quarter earnings call.

Costco’s global warehouse count will reach 914 by the end of the fiscal year, the Costco CEO told analysts and investors.

The company is looking to launch 10 Costco locations in the fourth quarter.

Among those will be Costco’s second warehouse in Sweden, its 20th in South Korea and its 110th in Canada, according to Vachris.

The retailer opened nine warehouses "including a relocation in Melbourne, Australia, our 37th warehouse in Japan and seven net new U.S. locations" since it held its March 6 earni

See Full Page